RentSystems

Creating and Editing Leases

Set up a lease, add co-signers, configure late fee policy, and attach documents.

The Leases page lists every lease across your portfolio, with filters for property, expired leases, and leases expiring within 120 days. Status badges — Active, Active · M2M, Expiring Soon, Expiring, Expired, Inactive — tell you where each one stands at a glance.

Lease detail panel showing tenant, term, rent, deposit, and a documents section

Creating a lease

  1. 1
    Click New Lease
    Choose the property, then the unit (or "Whole property" if it doesn't have units), then the resident.
  2. 2
    Add co-signers if needed
    Click "+ Add co-signer" to add additional tenants to the same lease — each gets their own dropdown, excluding whoever's already selected.
  3. 3
    Set the term and rent
    Enter a Start date and End date, or check Month to month to leave it open-ended. Then set Monthly Rent and Deposit.
  4. 4
    Configure the late fee policy
    Set the grace period in days, choose Flat fee or Per day, and enter the amount. A helper line summarizes it in plain language as you go.
  5. 5
    Generate the contract
    This creates the lease and marks the unit occupied.

Editing a lease

Open the lease and click Edit Lease — all the same fields, plus a Billing Start Date override if you need rent charges to begin on a different date than the lease start.

Attaching documents

In the lease's detail panel, the Documents section lets you upload signed copies, addenda, or anything else worth keeping on file (PDF, JPG, or PNG). Each document can be removed individually later.

Ending a lease

Heads up
"End Lease" (available on active leases) marks the lease inactive and the unit vacant as of the end date you enter — this cannot be undone. For a tenant who's actually moving out, use the full Move-Out flow instead so the deposit gets handled too.